The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Wood And Paper Materials Manufacture Of Wood And Of Products Of Wood And Cork, Except Furniture; Manufacture Of Articles Of Straw And Plaiting Materials 16 - Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
285 jobs Number of planned job losses
Announcement Date
17 March 2004
Employment effect (start)
Foreseen end date
Description
Kährs is planning to cut its staff in Nybro and Kalmar by 285. Notice has been given to the Länsarbetsnämnden (regional employment board) and negotiations will be initiated with the trade unions as soon as possible. The goal is to achieve a 20 percent rise in productivity. It is calculated that the reduction in staff will lower costs by 80 million SEK per year.
Sources
17 March 2004: Press Release by Kährs
17 March 2004: Dagens Nyheter
Citation
Eurofound (2004), Kährs, Internal restructuring in Sweden, factsheet number 59071, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/59071.
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